$ 3,150,000

512 Queen Street W, Toronto

*** Visit the REALTOR website for further information about this Listing *** This 3 storey Victorian property is located on the preferred north side and at the heart of trendy Queen St West. It sits between Spadina Ave and Bathurst St at the top of Portland St., and is across the street from Loblaws and Joe Fresh. The building has 15.75ft of prime frontage with high ceilings. A successful restaurant/bar business has operated here for at least 6 decades and the building features 2 floors with 3 licensed rooms and 2 licensed patios. Public washrooms are in the basement. The 3rd floor has 3 offices and a washroom. The total usable size of the property is 5,819 sq./ft. including the patios and basement. This property will be highly attractive to investors due to its stable and reliable potential income, attractive location, and huge foot traffic in the area. The area is well served by TTC streetcar lines on both Queen and Bathurst streets and the upcoming Ontario Subway Line with a stop at Queen and Spadina. The property was renovated in the early 1980's and the front facade was restored in 2008 in accordance with requirements of the Toronto Historical Board. The building has a liquor licence for 133 people. (id:1945)
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Property details for 512 Queen Street W, Toronto

Type
Commercial
Bathrooms
4
Living Area
5,819 square feet
Lot Size
Bldg=15.75 x 141.14 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$42,284 (2024)

Nearby Listings Stat

Estimated price and comparable properties near 512 Queen Street W

Active Listings
40
Min Price
$169,000
Max Price
$8,875,990
Avg Price
$3,012,999
Days on Market
76
days
Sold Listings
15
Min Sold Price
$49,900
Max Sold Price
$4,980,000
Avg Sold Price
$1,752,453
Days until Sold
63
days

Price History

Listed
December 8, 2024
by EASY LIST REALTY LTD.
Current Price
$3,150,000
-1.6% from last change
Type
Commercial
For Sale
Price Changes
2
Date Price Change
Current $3,150,000 $50,000 (-1.6%)
Apr 9, 2026 $3,200,000 $100,000 (-3%)
Mar 31, 2026 $3,300,000 Listed

Contact Agent Get in touch about 512 Queen Street W, Toronto

SOPHIE ALEGRA GITERMAN
SOPHIE ALEGRA GITERMAN
EASY LIST REALTY LTD.